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Genius Sports (Genius Sports) ROC (Joel Greenblatt) % : -715.58% (As of Dec. 2023)


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What is Genius Sports ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Genius Sports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -715.58%.

The historical rank and industry rank for Genius Sports's ROC (Joel Greenblatt) % or its related term are showing as below:

GENI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6182.17   Med: -793.38   Max: -378.14
Current: -379.84

During the past 5 years, Genius Sports's highest ROC (Joel Greenblatt) % was -378.14%. The lowest was -6182.17%. And the median was -793.38%.

GENI's ROC (Joel Greenblatt) % is ranked worse than
81.8% of 577 companies
in the Interactive Media industry
Industry Median: -0.05 vs GENI: -379.84

Genius Sports's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Genius Sports ROC (Joel Greenblatt) % Historical Data

The historical data trend for Genius Sports's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genius Sports ROC (Joel Greenblatt) % Chart

Genius Sports Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-793.38 -418.07 -6,182.17 -1,076.18 -378.14

Genius Sports Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,126.02 -460.10 -159.16 -173.44 -715.58

Competitive Comparison of Genius Sports's ROC (Joel Greenblatt) %

For the Internet Content & Information subindustry, Genius Sports's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genius Sports's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Genius Sports's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Genius Sports's ROC (Joel Greenblatt) % falls into.



Genius Sports ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.663 + 0.388 + 50.055) - (112.357 + 46.952 + 4.723)
=-51.926

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.088 + 0.347 + 27.231) - (116.751 + 50.546 + 4.434)
=-73.065

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Genius Sports for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-136.236/( ( (19.514 + max(-51.926, 0)) + (18.563 + max(-73.065, 0)) )/ 2 )
=-136.236/( ( 19.514 + 18.563 )/ 2 )
=-136.236/19.0385
=-715.58 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genius Sports  (NYSE:GENI) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Genius Sports ROC (Joel Greenblatt) % Related Terms

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Genius Sports (Genius Sports) Business Description

Traded in Other Exchanges
N/A
Address
10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.